Why did Arab states decide to cut off oil exports to the United States in 1973?
A. to punish the United States for its support of Israel during an Arab-Israeli war
B. to achieve a better bargaining position on other trade issues
C. to demonstrate their power in order to gain leverage over other states that import oil
D. to increase the price of oil to match its value in the world economy
Answer: A
You might also like to view...
When the U.S. provides assistance to another nation with a grant or loan to enable that country to buy U.S. products, it is an example of
A) national security. B) fiduciary spending. C) technical assistance. D) economic aid. E) isolationism.
Which political faction demanded that freedom of the press be amended to the U.S. Constitution?
a. Anti-Federalists b. Democratic-Republicans c. Federalists d. Nationalists
In what ways has the role of the vice president changed over time?
What will be an ideal response?
According to the original Constitution, Senate terms are served for
a. one year. b. two years. c. four years. d. six years. e. an indefinite time period.